| P | W | D | L | CS | FtS | F | A | GD | Pt | PPG | ||
| 1 | Stirling Albion | 10 | 10 | 0 | 0 | 5 | 0 | 31 | 9 | +22 | 30 | 3.00 |
| 2 | Stranraer | 10 | 8 | 2 | 0 | 3 | 1 | 28 | 8 | +20 | 26 | 2.60 |
| 3 | Cowdenbeath | 10 | 6 | 4 | 0 | 4 | 2 | 18 | 7 | +11 | 22 | 2.20 |
| 4 | Gretna | 10 | 6 | 3 | 1 | 2 | 1 | 20 | 12 | +8 | 21 | 2.10 |
| 5 | Albion Rovers | 8 | 5 | 1 | 2 | 1 | 1 | 22 | 11 | +11 | 16 | 2.00 |
| 6 | Peterhead | 10 | 5 | 1 | 4 | 3 | 3 | 16 | 12 | +4 | 16 | 1.60 |
| 7 | Queen's Park | 8 | 3 | 3 | 2 | 1 | 1 | 14 | 13 | +1 | 12 | 1.50 |
| 8 | Montrose | 8 | 3 | 3 | 2 | 1 | 1 | 12 | 11 | +1 | 12 | 1.50 |
| 9 | Elgin City | 8 | 2 | 1 | 5 | 0 | 1 | 14 | 23 | -9 | 7 | 0.88 |
| 10 | East Stirlingshire | 8 | 0 | 0 | 8 | 0 | 5 | 3 | 26 | -23 | 0 | 0.00 |
Points per game, average goal difference then average goals scored applies










